Can I retire at age 41 with 1,760,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$145,339$144,045$142,781$141,549$140,345$139,169
2 years$71,950$70,610$69,311$68,052$66,831$65,646
3 years$47,490$46,144$44,849$43,602$42,400$41,243
4 years$35,263$33,921$32,639$31,413$30,240$29,119
5 years$27,928$26,595$25,329$24,128$22,988$21,907
6 years$23,040$21,716$20,470$19,295$18,190$17,149
7 years$19,550$18,237$17,010$15,864$14,793$13,794
8 years$16,933$15,633$14,426$13,308$12,272$11,315
9 years$14,900$13,611$12,425$11,335$10,335$9,419
10 years$13,273$11,998$10,833$9,771$8,806$7,930
11 years$11,944$10,681$9,537$8,504$7,573$6,738
12 years$10,836$9,586$8,464$7,459$6,563$5,767
13 years$9,900$8,663$7,562$6,585$5,723$4,965
14 years$9,099$7,875$6,794$5,846$5,017$4,296
15 years$8,404$7,194$6,134$5,213$4,417$3,733
16 years$7,797$6,600$5,562$4,668$3,904$3,255
17 years$7,263$6,078$5,061$4,194$3,461$2,847
18 years$6,788$5,617$4,620$3,780$3,078$2,496
19 years$6,363$5,206$4,229$3,415$2,743$2,194
20 years$5,982$4,837$3,881$3,093$2,450$1,931
21 years$5,637$4,506$3,570$2,807$2,193$1,703
22 years$5,324$4,206$3,290$2,552$1,966$1,504
23 years$5,039$3,934$3,038$2,325$1,764$1,330
24 years$4,777$3,686$2,810$2,120$1,586$1,178
25 years$4,538$3,459$2,602$1,936$1,427$1,044
26 years$4,316$3,251$2,414$1,770$1,285$926
27 years$4,112$3,059$2,241$1,620$1,159$822
28 years$3,923$2,883$2,084$1,485$1,046$730
29 years$3,747$2,720$1,939$1,361$944$649
30 years$3,583$2,568$1,806$1,250$853$577
31 years$3,429$2,428$1,684$1,148$771$513
32 years$3,286$2,297$1,571$1,055$698$457
33 years$3,152$2,176$1,467$970$631$406
34 years$3,026$2,062$1,370$892$572$362
35 years$2,907$1,956$1,281$821$518$322
36 years$2,795$1,856$1,199$757$469$287
37 years$2,690$1,763$1,122$697$425$256
38 years$2,590$1,676$1,051$642$386$228
39 years$2,496$1,593$984$592$350$203
40 years$2,406$1,516$923$546$317$181
41 years$2,321$1,443$865$504$288$162
42 years$2,241$1,374$811$465$261$144
43 years$2,164$1,309$761$429$237$129
44 years$2,091$1,248$715$397$215$115
45 years$2,022$1,190$671$366$195$102
46 years$1,955$1,135$630$338$177$91
47 years$1,892$1,083$592$313$161$82
48 years$1,832$1,034$557$289$146$73
49 years$1,774$988$523$267$133$65
50 years$1,718$944$492$247$121$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 41 starting with $1,760,000, adding $3,783 every year, while hoping to spend $44,485 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 49/22/29 Blend
40$1,760,000$1,760,000$1,760,000$1,760,000
41$1,943,422$1,850,142$1,822,862$2,022,449
42$2,094,320$1,893,467$1,836,596$2,121,656
43$2,259,117$1,937,425$1,849,300$2,224,701
44$2,439,187$1,981,998$1,860,891$2,335,804
45$2,636,037$2,027,169$1,871,284$2,455,750
46$2,851,330$2,072,917$1,880,388$2,585,406
47$3,086,894$2,119,219$1,888,110$2,725,725
48$3,344,745$2,166,048$1,894,350$2,877,759
49$3,627,101$2,213,377$1,899,002$3,042,669
50$3,936,405$2,261,172$1,901,959$3,221,734
51$4,275,347$2,309,398$1,903,103$3,416,363
52$4,646,890$2,358,016$1,902,315$3,628,111
53$5,054,297$2,406,983$1,899,467$3,858,694
54$5,501,163$2,456,253$1,894,426$4,110,000
55$5,991,446$2,505,774$1,887,054$4,384,114
56$6,529,507$2,555,490$1,877,203$4,683,334
57$7,120,148$2,605,340$1,864,721$5,010,194
58$7,768,660$2,655,259$1,849,446$5,367,488
59$8,480,872$2,705,175$1,831,211$5,758,294
60$9,263,203$2,755,011$1,809,839$6,186,011
61$10,122,727$2,804,683$1,785,145$6,654,383
62$11,067,234$2,854,102$1,756,937$7,167,537
63$12,105,308$2,903,169$1,725,011$7,730,027
64$13,246,407$2,951,782$1,689,156$8,346,872
65$14,500,948$2,999,826$1,649,150$9,023,604
66$15,880,409$3,047,183$1,604,761$9,766,325
67$17,397,437$3,093,721$1,555,747$10,581,760
68$19,065,964$3,139,302$1,501,853$11,477,326
69$20,901,342$3,183,777$1,442,814$12,461,198
70$22,920,483$3,226,987$1,378,353$13,542,389
71$25,142,024$3,268,761$1,308,180$14,730,836
72$27,586,498$3,308,917$1,231,991$16,037,493
73$30,276,527$3,347,260$1,149,469$17,474,437
74$33,237,039$3,383,583$1,060,283$19,054,982
75$36,495,502$3,417,663$964,087$20,793,803
76$40,082,179$3,449,264$860,519$22,707,082
77$44,030,417$3,478,133$749,202$24,812,652
78$48,376,960$3,504,003$629,742$27,130,176
79$53,162,298$3,526,587$501,726$29,681,327
80$58,431,043$3,545,580$364,724$32,489,997
81$64,232,355$3,560,659$218,288$35,582,521
82$70,620,403$3,571,480$61,949$38,987,932
83$77,654,877$3,577,675$0$42,738,228
84$85,401,550$3,578,857$0$46,901,141
85$93,932,899$3,574,611$0$51,505,662
86$103,328,788$3,564,500$0$56,575,623
87$113,677,221$3,548,058$0$62,158,438
88$125,075,175$3,524,790$0$68,306,355
89$137,629,510$3,494,172$0$75,076,956
90$151,457,983$3,455,650$0$82,533,697
91$166,690,354$3,408,633$0$90,746,507
92$183,469,611$3,352,497$0$99,792,453
93$201,953,323$3,286,581$0$109,756,465
94$222,315,123$3,210,185$0$120,732,136
95$244,746,348$3,122,566$0$132,822,613
96$269,457,842$3,022,938$0$146,141,565
97$296,681,950$2,910,471$0$160,814,260
98$326,674,709$2,784,284$0$176,978,747
99$359,718,263$2,643,447$0$194,787,161
100$396,123,525$2,486,975$0$214,407,162